South Korea willing to discuss auto trade issues
South Korean President Lee Myung-bak said today his country was willing to reopen discussions on the automobile trade under a free trade agreement with the United States to address U.S. industry concerns. 12:01 am U.S. ET | Nov. 19
advertising
Search underway for Ratan Tata's successor
India's Tata conglomerate is looking for a successor to Ratan Tata, the 71-year-old chairman of the sprawling salt-to-automaker group. Local and foreign candidates are being looked at to head the group, which includes Tata Motors Ltd. 2:46 am U.S. ET | Nov. 18
Hyundai Motor to sell stake in Hyundai Mobis
Hyundai Motor Co. is planning to sell its stake in partsmaking affiliate Hyundai Mobis, worth 231 billion won ($200 million), to comply with anti-trust rules, the carmaker said today. Hyundai, South Korea's top automaker, will unload its entire 1. 2:31 am U.S. ET | Nov. 18
Claiming that Nissan will be rewarded for blazing a trail into mass production of electric vehicles, CEO Carlos Ghosn kicked off a year-long marketing blitz for his five-passenger Leaf. 4:31 pm U.S. ET | Nov. 13 | UPDATED: 11/13/09 9:39 P.M.
BorgWarner Inc. forecasts about $1.8 billion in net new powertrain business in the next three years, surprising analysts who expected the supplier's plan to take a sharper hit from the global recession. 12:06 pm U.S. ET | Nov. 9 | UPDATED: 11/9/09 4:23 p.m. ET
The global car market has bottomed and is on track for 60 million units sales next year, aided by the United States, Carlos Ghosn, who heads Japan's Nissan Motor Co. and France's Renault SA, said on Sunday. 12:01 am U.S. ET | Nov. 9
Workers at an India auto-parts maker have ended a six-week strike, which had hit transmission parts supplies to General Motors and Ford Motor Co. and caused the shutdown of at least two North American crossover plants. 4:31 am U.S. ET | Nov. 6 | UPDATED: 11/6/09 4:28 p.m. ET
Chrysler Group's sales outside North America will grow to 500,000 by 2014 from an estimated 144,000 this year, international sales chief Mike Manley said Wednesday. 12:01 am U.S. ET | Nov. 5
Foreign brands are losing market share in Japan, but as a group they still outclass the far larger local automakers when it comes to customers' satisfaction with the service they receive at dealerships. 10:55 am U.S. ET | Nov. 4
Toyota Motor Corp. pulled out of Formal One racing today, as it battles a second straight year of red ink and races to cut more than $9 billion in costs this year. Toyota follows Japanese rival Honda Motor Co. in quitting the sport. 7:16 am U.S. ET | Nov. 4 | UPDATED: 11/4/09 11:33 a.m. ET
Tata Motors Ltd., India's largest vehicles maker, may allow local car assemblers to put together its Nano and sell it under their own brand, the Business Standard reported on Monday. 12:01 am U.S. ET | Nov. 4
Joe Hinrichs, Ford Motor Co.’s manufacturing and labor relations chief and one of the company’s fastest-rising executives, will run Ford’s Asia and Africa regions starting Dec. 1. 10:37 am U.S. ET | Nov. 3
Suzuki Motor Corp. today quadrupled its annual operating profit forecast as sales soared in its main Indian market, setting it apart from other Japanese automakers that have depended heavily on the sinking U.S. market. 2:31 am U.S. ET | Nov. 2
Crossover production at General Motors Co. and Ford Motor Co. has been hard hit by an Indian parts shortage this month because those vehicles share the same six-speed automatic transmission. 4:12 pm U.S. ET | Oct. 30